fields = array( 'style' => 'style', 'editorStyle' => 'editor', ); static $core_blocks_meta; if ( ! $core_blocks_meta ) { $core_blocks_meta = require BLOCKS_PATH . 'blocks-json.php'; } $files = false; $transient_name = 'wp_core_block_css_files'; /* * Ignore transient cache when the development mode is set to 'core'. Why? To avoid interfering with * the core developer's workflow. */ $can_use_cached = ! wp_is_development_mode( 'core' ); if ( $can_use_cached ) { $cached_files = get_transient( $transient_name ); // Check the validity of cached values by checking against the current WordPress version. if ( is_array( $cached_files ) && isset( $cached_files['version'] ) && $cached_files['version'] === $wp_version && isset( $cached_files['files'] ) ) { $files = $cached_files['files']; } } if ( ! $files ) { $files = glob( wp_normalize_path( BLOCKS_PATH . '**/**.css' ) ); // Normalize BLOCKS_PATH prior to substitution for Windows environments. $normalized_blocks_path = wp_normalize_path( BLOCKS_PATH ); $files = array_map( static function ( $file ) use ( $normalized_blocks_path ) { return str_replace( $normalized_blocks_path, '', $file ); }, $files ); // Save core block style paths in cache when not in development mode. if ( $can_use_cached ) { set_transient( $transient_name, array( 'version' => $wp_version, 'files' => $files, ) ); } } $register_style = static function ( $name, $filename, $style_handle ) use ( $blocks_url, $suffix, $wp_styles, $files ) { $style_path = "{$name}/{$filename}{$suffix}.css"; $path = wp_normalize_path( BLOCKS_PATH . $style_path ); if ( ! in_array( $style_path, $files, true ) ) { $wp_styles->add( $style_handle, false ); return; } $wp_styles->add( $style_handle, $blocks_url . $style_path ); $wp_styles->add_data( $style_handle, 'path', $path ); $rtl_file = "{$name}/{$filename}-rtl{$suffix}.css"; if ( is_rtl() && in_array( $rtl_file, $files, true ) ) { $wp_styles->add_data( $style_handle, 'rtl', 'replace' ); $wp_styles->add_data( $style_handle, 'suffix', $suffix ); $wp_styles->add_data( $style_handle, 'path', str_replace( "{$suffix}.css", "-rtl{$suffix}.css", $path ) ); } }; foreach ( $core_blocks_meta as $name => $schema ) { /** This filter is documented in wp-includes/blocks.php */ $schema = apply_filters( 'block_type_metadata', $schema ); // Backfill these properties similar to `register_block_type_from_metadata()`. if ( ! isset( $schema['style'] ) ) { $schema['style'] = "wp-block-{$name}"; } if ( ! isset( $schema['editorStyle'] ) ) { $schema['editorStyle'] = "wp-block-{$name}-editor"; } // Register block theme styles. $register_style( $name, 'theme', "wp-block-{$name}-theme" ); foreach ( $style_fields as $style_field => $filename ) { $style_handle = $schema[ $style_field ]; if ( is_array( $style_handle ) ) { continue; } $register_style( $name, $filename, $style_handle ); } } } add_action( 'init', 'register_core_block_style_handles', 9 ); /** * Registers core block types using metadata files. * Dynamic core blocks are registered separately. * * @since 5.5.0 */ function register_core_block_types_from_metadata() { $block_folders = require BLOCKS_PATH . 'require-static-blocks.php'; foreach ( $block_folders as $block_folder ) { register_block_type_from_metadata( BLOCKS_PATH . $block_folder ); } } add_action( 'init', 'register_core_block_types_from_metadata' ); /** * Registers the core block metadata collection. * * This function is hooked into the 'init' action with a priority of 9, * ensuring that the core block metadata is registered before the regular * block initialization that happens at priority 10. * * @since 6.7.0 */ function wp_register_core_block_metadata_collection() { wp_register_block_metadata_collection( BLOCKS_PATH, BLOCKS_PATH . 'blocks-json.php' ); } add_action( 'init', 'wp_register_core_block_metadata_collection', 9 ); Comments on: LOCAL GOVERNMENTS UNDERWATER: TIME TO CORRECT PRINCIPAL BALANCES https://www.livinglies.me/blogs/7095/local-governments-underwater-time-to-correct-principal-balances LivingLies Blog | News, Updates, and Info Thu, 09 Dec 2010 03:11:06 +0000 hourly 1 https://wordpress.org/?v=7.0 By: ANONYMOUS https://www.livinglies.me/blogs/7095/local-governments-underwater-time-to-correct-principal-balances#comment-30588 Thu, 09 Dec 2010 03:11:06 +0000 https://livinglies.me/2010/12/06/local-governments-underwater-time-to-correct-principal-balances/#comment-30588 Joyce Louise

I have seen it. Provide your email address if you can.

]]> By: Joyce Louise https://www.livinglies.me/blogs/7095/local-governments-underwater-time-to-correct-principal-balances#comment-30585 Wed, 08 Dec 2010 03:19:11 +0000 https://livinglies.me/2010/12/06/local-governments-underwater-time-to-correct-principal-balances/#comment-30585 Anonymous

Did you get a chance to look at the site for
Ameriquest MDL Settlement?

]]> By: ANONYMOUS https://www.livinglies.me/blogs/7095/local-governments-underwater-time-to-correct-principal-balances#comment-30582 Wed, 08 Dec 2010 02:04:27 +0000 https://livinglies.me/2010/12/06/local-governments-underwater-time-to-correct-principal-balances/#comment-30582 Joyce Louise,

You are 150% accurate. And, we need an organization that has voice. This does not mean to discontinue individual claims, it just means that we need a public voice. We have none.

PJ

Also — accurate. Hearing from all sources – including this post – states are in bad shape. And, look at what Quantitative easing is doing – it is pushing investments out of safer investments into higher risk equities — the stock market. This is harming the state budget portfolios – that should be conservative and were devastated because they could not realize the high yields they though they would earn from subprime borrower fraudulent loans.

I have in the past, done research on corporations that were acquired due to financial distress — traced much to pension funding — portfolios that could not realize the targeted yield to meet benefits.

This is a serious problem that has hit finally hit our state and local government. Tax appraisals are way out of line in certain areas of this country. And, as I recall, PJ, you are from NY — one of the most outrageous in property taxes.

Now, how is the government going to fix this — including not only fat state/local obligations — but also an economy based on consumption — in which they are now throwing homeowner victims of fraud into foreclosure mayhem. The process will continue to derail economic recovery – despite the false claims of those in authority.

President OBAMA – finished — it is a shame.

]]> By: Joyce Louise https://www.livinglies.me/blogs/7095/local-governments-underwater-time-to-correct-principal-balances#comment-30580 Wed, 08 Dec 2010 00:22:04 +0000 https://livinglies.me/2010/12/06/local-governments-underwater-time-to-correct-principal-balances/#comment-30580 PJ

I think the appraisals must be based on true appraised values supported by sales comps and if you don’t agree with that, you protest.. There have been arguments regarding the effect on values affected by foreclosures in the neighborhood and what the true value of the other homes would be. Most say it brings the value down. You simply protest and fight for what you believe is correct with the proper support. I am sure the Appraisal Districts base it on what they believe the appraised value is which would be the values that were plugged in during the bubble. And if you don’t speak up, of course they are going to bill it that way. Shame on them, but that is what they do and after a great period of time like 2003 – 2007, we had inflated appraised values and a homeowner has to be on top of the going values based on realistic figures tied to the market after all variances have been applied. They know what they should be doing but they don’t always do it until it is protested. Just my 2 cents worth. The appraisal district cannot tax on

]]> By: PJ https://www.livinglies.me/blogs/7095/local-governments-underwater-time-to-correct-principal-balances#comment-30577 Wed, 08 Dec 2010 00:10:17 +0000 https://livinglies.me/2010/12/06/local-governments-underwater-time-to-correct-principal-balances/#comment-30577 2 Anonymous…have worked with many people that had “unsustainable” property assessments resulting in oppressive property taxes… what do the local goverments do now … reduce assessments to reflect curent market value but keep the taxes at “bubble” levels…instead of assigning tax values based on actual sales during the “bubble” all residents were assessed as if they would flip their house in a heart beat… all based of course on the fraud. A very well planned scheme that local and state goverments were quite happy to partake in!

]]> By: Joyce Louise https://www.livinglies.me/blogs/7095/local-governments-underwater-time-to-correct-principal-balances#comment-30574 Tue, 07 Dec 2010 21:36:49 +0000 https://livinglies.me/2010/12/06/local-governments-underwater-time-to-correct-principal-balances/#comment-30574 Anonymous has it right and it is key: Had the government bailed out the homeowners first, the outcome would have changed substantially. However, it still looks like the investors are going to be on the receiving end 1) because the homeowners do not know what the AG’s are doing and 2) The SEC appears to be negotiating settlements with Wall Street that will to some degree protect the investors. Makes me sick and it may be that those of us who are going after the securities dealers in our own lawsuits, will be greatly affected by what we can and can not do. The SEC and the OCC absolutely failed to protect the homeowners who were ignorant of what was going on and I do not see any moves being addressed by the AG’s as to what they think they are doing. It is a dangerous situation for the homeowners because we will be the last man standing, homeless and broke. Now Fannie may be planning on selling their non performing loans, again without a resolution as to how to help the homeowners other than to subject them to the vultures flying high ready for the kill. The AG’s better get it together and the senators as well and the homeowners better make sure that we move on it and move quickly. I cannot tell you how important the timing of what we do, if anything, needs to be done NOW. Even if the banks are required to buy them back what help will we get. Tim Geither and his bunch selling off the toxic assets at prices to investors (a planned event) with little or no interest and no recourse. Talk about setting up the American TAX Payer. Goldman Sachs settlement was a joke at $500 million. Yet the SEC thought it was a tremendous win. Well it wasn’t. Every dime the investors paid to them should have been returned. Now that I see how securities dealers worked in such close tandem with the banks or originators, those old boys knew which loans were classified and going into which designated pools so they bet on them. How can
there be any question. I see we are all still talking, but I don’t see a leader coming forward so we can take a stand. All of the non profits up in washington are doing nothing but collecting their monthy grants because they are non profit pretending just like the scoundrels who set up the pooled loans. I glad I covered the securities dealers in our 2007 suit. WE were not waiting for the rest of the world to catch up. The Congress was a joke and still are. Where I come from, everyone associated with the regulatory need to be fired and the congressional people that encouraged and supported these deals need to be dismissed and that isn’t isn’t even possible, but I am mad..

]]> By: ANONYMOUS https://www.livinglies.me/blogs/7095/local-governments-underwater-time-to-correct-principal-balances#comment-30571 Tue, 07 Dec 2010 01:10:33 +0000 https://livinglies.me/2010/12/06/local-governments-underwater-time-to-correct-principal-balances/#comment-30571 Pj

Believe you meant to use the word “complicit.” And, although we have disagreed in the past, I agree with you here..

Big problem with state and local municipalities has been the task of funding of very generous pensions for state and local workers. While I do not dispute that these workers may work hard — taxpayers just cannot continue to support such generous government employee pensions – when they can barely fund their own pensions. Most corporations, – long ago, stopped generously funding employee pensions. However, state and local governments continued excessive funding of pensions.

As the burden increased to fund the state/local pensions, administrators sought risky investments for higher returns. It is not that these government administrators lost money in the home loan securitizations (as most have been returned principal investment) – is that the administrators can longer realize the yields – they thought they had invested in – since the investments are now “dead.” Thus, portfolio returns cannot support funding commitments – and, there are no alternatives.

I have sympathy for investors – that may have banked on high returns – which are no longer available. But, no one should be earning high returns on fraudulent investments – whether or not they – too – were duped – because the investments are fraudulent to begin with. You cannot earn money on fraudulent investments – just does not work that way. And, as PJ says – that is the “complicity” in the “mess.”

Investors are accountable for their own risk – it is not the same as homeowner victims – who are not sophisticated – but, instead rely on what they are told..

In any event, investors have been – for the most paid back their investment — they just need to find another source that will generate the yield they require to fund their budgets. And, right now, that yield is not available.

Everyone one bailed-out – except homeowners — and, if government had bailed out homeowners FIRST – perhaps we would not have these government budget problems today. But, the government – like so many – are always looking for a “fast” fix — they refused to take the hard steps that would secure a long term better future for all. They acted quickly – and without thought to long-term consequence. Did they avert, temporarily, an immediate depression? Maybe, but only temporarily – and their actions may cause a future crisis much longer lasting – and, very possibly, not fixable..

]]> By: Tweets that mention LOCAL GOVERNMENTS UNDERWATER: TIME TO CORRECT PRINCIPAL BALANCES « Livinglies's Weblog -- Topsy.com https://www.livinglies.me/blogs/7095/local-governments-underwater-time-to-correct-principal-balances#comment-30569 Tue, 07 Dec 2010 00:58:32 +0000 https://livinglies.me/2010/12/06/local-governments-underwater-time-to-correct-principal-balances/#comment-30569 […] This post was mentioned on Twitter by USA Advocate, fastpup. fastpup said: LOCAL GOVERNMENTS UNDERWATER: TIME TO CORRECT PRINCIPAL BALANCES: http://t.co/fUdlEye It's not just "deadbeat" homeowners anymore. […]

]]> By: The Law Office of Carol A. Molloy » LOCAL GOVERNMENTS UNDERWATER: TIME TO CORRECT PRINCIPAL BALANCES https://www.livinglies.me/blogs/7095/local-governments-underwater-time-to-correct-principal-balances#comment-30566 Tue, 07 Dec 2010 00:40:39 +0000 https://livinglies.me/2010/12/06/local-governments-underwater-time-to-correct-principal-balances/#comment-30566 […] LOCAL GOVERNMENTS UNDERWATER: TIME TO CORRECT PRINCIPAL BALANCES Posted on December 6, 2010 by Neil Garfield […]

]]> By: Sonya https://www.livinglies.me/blogs/7095/local-governments-underwater-time-to-correct-principal-balances#comment-30563 Tue, 07 Dec 2010 00:13:59 +0000 https://livinglies.me/2010/12/06/local-governments-underwater-time-to-correct-principal-balances/#comment-30563 GEORGIA RESIDENTS e-mail me for info on a CLASS ACTION LAWSUIT against Bank of America & BAC. sonya36767@yahoo.com

]]>